2017 OAK DR
About This Property
The property offers significant potential with its expansive, unfinished basement that boasts 9-foot ceilings and walkout access, presenting an excellent opportunity for additional bedrooms or bathrooms. Outside, the large rear yard and two-space parking further elevate the home's appeal, making it a perfect setting for both relaxation and entertainment.
This amazing home is just a short 5 min. walk to University of Maryland Rehabilitation Institute and is strategically situated near essential amenities and local shopping centers, providing ample convenience for your everyday needs. The area is renowned for its vibrant community life and proximity to notable landmarks and attractions in Baltimore, making it an ideal location for those seeking a blend of suburban tranquility and urban accessibility.
Don't miss the opportunity to own this gem at 2017 Oak Drive. With its rich character, modern upgrades, and prime location, this home is more than just a residence-it's a gateway to a fulfilling and convenient lifestyle. Act now to experience the perfect blend of historical charm and contemporary living in the heart of Gwynn Oak. Up to 25k in Down Payment & Closing Costs Assistance Available for first time home buyers. Schedule your private tour today.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
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About Southwestern Baltimore
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017